311 5th

Austin, TX 78701

$1,070,000

2 beds
2 baths
1,897 sq ft
0.01 acres
Built 2002

Listed by Kuper Sotheby's Int'l Realty · MLS #ACT9571117

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Residence #1002 at Plaza Lofts is a southwest corner home with walls of windows and a generous balcony overlooking Republic Square Park.

Year built

Built in 2002.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Residence #1002 at Plaza Lofts is a southwest corner home with walls of windows and a generous balcony overlooking Republic Square Park. Among the largest 2-bedroom, 2-bath condos in Downtown Austin at this price point, it delivers exceptional scale, natural light, and impressive views.

The loft-style layout features expansive living, dining, and kitchen areas designed for both entertaining and daily living. Interior updates create a clean, modern aesthetic, including motorized shades, gallery lighting, and updated fixtures. Both bathrooms offer custom cabinetry, while the primary suite is enhanced with a redesigned shower, built-in bench, and added storage. Glass transoms above the loft walls provide added privacy without sacrificing light. Additional highlights include custom wine storage and two reserved garage parking spaces.

This 12-story boutique building offers a more refined, low-density lifestyle with a rooftop pool, fitness center, and full-time concierge and security. Just outside your door, enjoy the farmers market, outdoor yoga, and the vibrant energy of downtown, all anchored by a premier park-front setting.

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THE NEIGHBORHOOD

Explore the location.

311 5th, Austin, TX 78701

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2002
Full baths: 2
Half baths: 0
Garage spaces: 2
Cooling: Central Air
Heating: Central
Appliances: Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
Flooring: Concrete
Fencing: None
Accessibility: None
Pool features: Outdoor Pool, Rooftop Pool
Subdivision: Plaza Lofts Condo Amd
Parcel: 02060122410000
HOA: Plaza Lofts
HOA amenities: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Parking, Security, Trash
HOA fee frequency: Monthly
Elementary school: Mathews
Middle school: O Henry
High school: Austin
Annual property tax: $11,183.50
HOA fee: $1,951.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$338.62

Estimated monthly rent$4,458.33

Cap rate0.63%

Annual operating income: $6,738.47

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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311 5th, Austin, TX 78701 · MLS #ACT9571117

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Listing information

MLS #ACT9571117 · Austin Board of Realtors

Listing brokerage: Kuper Sotheby's Int'l Realty
Listing agent: Connelly Breeland

Listing status: Active. Record updated June 21, 2026. Confirm current availability and price with the listing agent.